489 Regent St

FOR SALE
$1,595,000
489 Regent St, Niagara-on-the-Lake
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
489 Regent St
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2 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
4
ROOMS
X9248028
MLSID
Contact Us
Property Description
Discover refined living in this fully renovated raised bungalow, situated in the heart of Niagara on the Lake. This home has been expertly updated with modern features and classic touches, offering a blend of elegance and comfort. The open-concept main living area boasts vaulted ceilings in the living and dining rooms, complemented by custom-built cabinetry. Oversized patio doors lead to a new back deck and staircase, providing stunning views of the landscaped rear yard. The kitchen is a chef's dream with new custom cabinetry and countertops. The main floor features a master bedroom with a walk-in closet fitted with custom cabinetry and a luxurious, fully tiled 5-piece ensuite, including double sinks, a soaker tub, and a glass shower. Patio doors off the master bedroom open to the rear deck, enhancing your outdoor living experience. An additional main floor bedroom and a 4-piece bathroom with a glass shower offer convenience and style. Throughout the home, you'll find new doors, handles, countertops, and engineered herringbone hardwood flooring. The new fully finished basement includes a bedroom, a 3-piece bathroom, and a full kitchen setup with walkout to the rear yard. New electrical wiring, pot lights, and a brand new garage door with man door access through the basement add to the home's modern amenities. The exterior is equally impressive with a new front door, updated exterior lighting, and all-new windows and sliding doors on both floors. The front yard features new landscaping, and the driveway is newly paved with interlock stones that match the walkways. Located right across from the Pillar and Post Inn & Spaa five-star hotel in a historic 19th-century buildingand within walking distance to local restaurants and amenities, this home is set in a neighborhood rich with history and character.
Property Details
Street
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
64' x 157'
Fronting
North
Taxes
$5,076 (2023)
Basement
Fin W/O, Full
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
489 Regent St is a 2-bedroom 3-bathroom home listed for sale at $1,595,000, which is $617,308 (63.1%) higher than the average sold price of $977,692 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Niagara-on-the-Lake declined by $48 (0.0%) compared to the previous 30 day period (July 22 - August 20) and down $762,308 (43.8%) from the same time one year ago.
Inventory Change
There were 8 2-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (August 21 - September 19), which is up 14.3% compared with the previous 30 day period (July 22 - August 20) and up 60.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara-on-the-Lake typically sold ($37,410) (3.8%) below asking price over the last 30 days (August 21 - September 19), which represents a $33 increase compared to the previous 30 day period (July 22 - August 20) and ($90,000) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Niagara-on-the-Lake over the last 30 days (August 21 - September 19) stood at 1,462.5%, down from 3,414.3% over the previous 30 days (July 22 - August 20) and up from 60.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Niagara-on-the-Lake stood at 42 days when successfully sold over the last 30 days (August 21 - September 19), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Revel Realty Inc.
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